Social Innovation Fund Pay for Success Grants Competition

NOFA/NOFO End Date: 
Mon, 08/04/2014
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CFDA number: 
24.024
Contact Information
innovation@cns.gov
202-606-3223

Important update: This competition is now CLOSED.  Thank you to all of those who have applied and we will be in touch as the review process is now underway.

Pay for Success
 
The 2014 Social Innovation Fund (SIF) Pay for Success (PFS) Grants Competition will provide up to $11.2 million in grants to eligible nonprofit organizations and city and state governments seeking to advance and evaluate emerging models that align payment for social services with verified social outcomes.  Consistent with the broader mission of the SIF, the PFS Competition intends to encourage the implementation of PFS projects in order to enhance the reach and impact of innovative community-based solutions in low-income communities.
 
Pay for Success offers innovative ways of partnering with philanthropic and private sector investors to create incentives for service providers to deliver better outcomes at lower cost—producing the highest return on taxpayer investments. The concept is simple: pay providers after they have demonstrated success, not based on the promise of success, as is done now. Pay for Success financing is a mechanism for increasing investments in effective social interventions by changing the way government allocates and invests its resources – focusing on results and outcomes. This grant competition will determine in which situations the Pay for Success will be most effective. Overall, this will aid in advancing the emerging models that align payment for social services with verified social outcomes. Learn more about Pay for Success at:  http://www.whitehouse.gov/omb/factsheet/paying-for-success.
 
As part of the PFS Competition, each grantee will be awarded between $200,000 and $1,800,000 each year over the three year project period. Every SIF grant dollar must be matched by the grantee with nonfederal dollars and services. 
 

Application Deadline

NOTICE OF INTENT TO APPLY DEADLINE: Applicants are encouraged to send a Notice of Intent to Apply by Tuesday, July 15, 2014.
 
APPLICATION DEADLINE: The application deadline has passed.  This competition is CLOSED. Successful applicants will be notified by September 30, 2014. 
 

Funding Announcement and Application Instructions

Applicants must read the Notice of Funding Availability (Notice) and the Application Instructions to understand the requirements and how to complete an application.
 

 Resources for Applicants

Frequently Asked Questions

Frequently Asked Questions will be compiled and regularly updated. You will find the link to the questions here when they are available.
 

Webinar/Conference Call Schedule

The Social Innovation Fund is hosting webinars and a Twitter chat for potential grant applicants. Webinars will be conducted in a standard format that includes a brief overview and a question and answer session. All webinars will be recorded. Replay information for each call will be posted following the call.
 
Webinar 1: PFS Notice Overview
Date: Monday, June 30, 3:00 PM EST
Call in Number: 1-877-668-4490
Participant Passcode: 624 403 795
 
Webinar 2: PFS Notice Overview
Date: Tuesday, July 8, 12:00 PM EST
Call in Number: 1-877-668-4490
Participant Passcode: 627 847 074
 
Webinar 3: Question and Answer Session
Date: Wednesday, July 16, 2:00 PM EST 
Call in Number: 1-877-668-4490
Participant Passcode: 627 651 209
 
Webinar 4: Pay for Success – Funders’ Perspective
Hosted by The Rockefeller Foundation, with guest speakers from the Corporation for National and Community Service Social Innovation Fund and The Kresge Foundation
Date: Wednesday, July 23, 2014, 10:00 AM EST
Call in number: 1-877-668-4490
 
Live Twitter Chat - Question and Answer Session
Date: Thursday, July 10, 2:00 PM EST
 

NOFA Outreach Toolkit

PFS Notice Outreach Toolkit to help spread the word. The toolkit includes a PFS fact sheet, FAQs, sample newsletter text, sample tweets, links to useful websites and webinar schedules. Using the kit, please:
  • Promote the PFS competition to your affiliates via your organization’s newsletter or e-blast
  • Encourage qualified members of your network to apply
  • Tweet (or other social media verb) about the competition
  • Consider writing a blog post on your organization’s website or another venue explaining why you think this is an important funding opportunity for the field
  • Consider posting the funding opportunity on your organization’s website during the duration of the competition
  • Encourage your network to participate in the PFS Notice Webinars

 

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